COMMERCIAL PROPERTY
Insurance brokers Property Damage Business Interruption Public Liability Machinery Breakdown Plate Glass Claims Service
At Commercial Property Insurance Brokers, our goal is to make the complex simple by using clear, straightforward language. No insurance jargon.
Understanding Commercial Property Insurance
When it comes to commercial property, buildings are not immune and are equally susceptible to risks, much like your home. A commercial property insurance policy is designed to help you mitigate your exposure by transferring parts of your risk to an insurance company. Commercial property insurance is an essential coverage that protects your property through various sections such as Property Damage, Business Interruption, Plate Glass, Theft, Machinery Breakdown and Public Liability. Your coverage is subject to the terms and conditions of your Product Disclosure Statement, so it’s crucial to have a clear understanding of what is covered and what is not.
Property Damage
Provides coverage for physical damage to your property caused by insured events, which can include risks such as fire, lightning, storm and malicious damage. Flood coverage is not automatically included and must be requested and accepted by the insurance company per location.
Business Interruption
Protecting your rental income and financial obligations as a result of property damage. This is different to Rent Default, which occurs when a tenant stops paying rent during their contract period or vacates the premises without notice.
Plate Glass
Protects against the loss of or damage to glass windows, glass doors, and signs at your property. Coverage extends to repair or replacement costs.
Theft
Not all insurance policies automatically cover theft under the Property Damage section. Recent years have seen the theft of copper piping and air conditioning units. If theft is a concern for your property and is not automatically included, you should consider adding this additional cover.
Machinery Breakdown
Provides coverage for the repair or replacement of machinery, such as air conditioning systems, elevators and escalators.
Public Liability
Provides protection should you be held legally responsible for causing personal injury to a third party or damaging their property.
We specialise in Small and Large Commercial Property Insurance Risks
- Retail Property Insurance
- Factory Insurance
- Warehouse Insurance
- Commercial Strata Insurance
- Hard to Place Insurance
Our Services
Are you looking for more cover, such as home or motor insurance?
Don’t worry — we’ve still got you covered
Call Simplify My Insurance on (07) 3123 6100
About Us
At Commercial Property Insurance Brokers, our focus is on providing specialised insurance solutions tailored for commercial properties. This distinguishes us from the adage of being a “jack of all trades, master of none” often associated with general insurance brokers. Benefiting from over five decades of combined experience within the insurance sector, our team has focused extensively on the complexities of commercial property insurance. We pride ourselves on our depth of knowledge and commitment to providing tailored solutions for our clients specific needs.
Commercial Property Insurance Brokers are backed by the team at Method Insurance.
Latest Posts
Building Replacement Value: A Comprehensive Guide to Avoiding the Underinsurance Trap
Between 2019 and 2024, the cost of rebuilding commercial properties in Australia saw a substantial increase. Data from CoreLogic indicates that the Cordell Construction Cost
Protecting your property, securing your future
Business Interruption Essential protection or just another expense? Let’s find out! There are numerous aspects to safeguarding your business investment beyond just obtaining insurance for
Helpful Suggestions
The Australian insurance market is expected to see rising premiums in 2024 due to multiple challenges it is facing. One challenge is climate change. Australia
Safeguarding Your Commercial Property Investment Through Liability Insurance
In the dynamic world of commercial property ownership and management, there’s a multitude of responsibilities that require careful attention. From maintaining your property’s condition to